$4,439

Avg. Federal Grant

$5,311

Avg. Federal Loan

$22,328,395

Total Aid Awarded

Millersville University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

55%

Total Aid Amount Average Total Aid Awarded per year.

$22.328M

Financial Aid Official Website

www.millersville.edu/finaid/

Such schemes include A.G. Breidenstine Scholarship, AFSCME Local 2421 Scholarship, All Greek Council Scholarship, and American Association of University Women Scholarship. As many as 88% of the students at MUP get some sort of financial aid, and the total amount of assistance/loans provided is more than $25,738,843 in a year. For additional information about financial assistance schemes, one can head over to MUP’s financial aid page at http://www.millersville.edu/finaid/. At MUP, the total percentage of applicants who receive the Federal Grant stands at 30%. In comparison, 61% of the students are awarded the Student Grant, 38% get the Institution Grant, and 30% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,512, and the same stands at $3,046 for State Grant awardees and $3,959 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,148. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Millersville University of Pennsylvania, the percentage of candidates who opt to avail of student loans is around 74%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

35%

State Grant Aid

36%

Institution Grant Aid

39%

Pell Grant

35%

Average Aid Awarded

Federal Grant Aid

$4,439

State Grant Aid

$2,920

Institution Grant Aid

$3,802

Pell Grant

$4,327

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,663

$30,001 - $48,000

$8,874

$48,001 - $75,000

$5,495

$75,001 - $110,000

$2,117

Over $110,000

$916

Student Loans for Millersville University

Average Loan Amount Average Loan Amount received per year.

$9,338/Year

Students Taking Out Loans

75%

Loan Default Rate

6.9%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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